Form Let-1 Return - Live Entertainment Tax Return - 200 To 7499 Occupancy Non-Gaming Facilities - 2007 Page 2
Download a blank fillable Form Let-1 Return - Live Entertainment Tax Return - 200 To 7499 Occupancy Non-Gaming Facilities - 2007 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Let-1 Return - Live Entertainment Tax Return - 200 To 7499 Occupancy Non-Gaming Facilities - 2007 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2LIVE ENTERTAINMENT TAX INSTRUCTIONS
NON-GAMING FACILITIES WITH OCCUPANCY OF 200 TO 7499
CALCULATION OF ADMISSION CHARGES:
Taxable admission charges include, without limitation, any entertainment fees, cover charges, table reservation fees,
or required minimum purchase of food, refreshment or merchandise paid to access a facility where live entertainment
is provided.
LINE 1. Enter the total taxable admission charges for the month.
LINE 2. Enter the total sales amount of food, refreshment and merchandise sold during taxable live entertainment
status (net of all applicable sales tax, use tax and other taxes).
LINE 3. Enter the total taxable amount (Line 1 + Line 2).
LINE 4. Enter the tax amount due (Line 3 x 10% (.10)).
LINE 5. If this return will not be submitted/postmarked and the taxes paid on or before the due date as shown on the
face of this return, the amount of penalty due is
a) For returns with Period(s) Ending prior to and including 3/31/07 the Penalty is 10%:
b) For returns with Period(s) Ending 4/30/07 and after; the amount of penalty due is based on the number of days late
the payment is made per NAC 360.395. The maximum penalty amount is 10%.
Number of days late
Penalty Percentage
Multiply by:
1 - 10
2%
0.02
11 - 15
4%
0.04
16 - 20
6%
0.06
21- 30
8%
0.08
31 +
10%
0.10
Determine the number of days late the payment is, and multiply the net tax owed by the appropriate rate based on the
table above. The result is the amount of penalty that should be entered. For example, the taxes were due January 31,
but not paid until February 15. The number of days late is 15 so the penalty is 4%.
LINE 6. If this return will not be postmarked and the taxes paid on or before the due date as shown on the face of this
return, interest of .75% (.0075) per month or fraction of a month late is due. The interest is calculated on the tax due (line
4). Note: 7/1/2011 interest rate change: To calculate interest for each month late after 7/1/2011, multiply Line 21 × 0.75% (or
.0075). To calculate interest for each month late from 7/1/1999 through 6/30/2011, multiply Line 21 × 1% (or .01).
LINE 7. Enter only those liabilities that have been established for prior months by the Department.
Contact the Department to verify liabilities.
LINE 8. Enter only those credit(s) that have been approved by the Department.
Contact the Department to verify before taking credit(s).
LINE 9. Total Lines 4, 5, 6, & 7 then subtract Line 8 and enter result.
LINE 10. Enter the amount remitted with return.
ADDITIONAL INFORMATION:
If the occupancy is more than 7499 please use LET-2 Return for occupancy of 7500 or more. If your location is licensed
by the Gaming Control Board, please contact them as the tax is due to Gaming, and not the Department of Taxation .
If you have questions concerning this return, please call the Live Entertainment Tax Examiner at 775-684-2130.
The Department of Taxation Carson City Office main number is 775-684-2000 and Fax number is 775-684-2020.
LET 200-7499
LET-1 RETURN
REVISED 5-4-07
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Let-2 Return - Live Entertainment Tax Return - 7500 Or More Occupancy Non-gaming Facilities - 2007
Financial
Live Entertainment Tax Return - 7500 Or More Occupancy Non-gaming Facilities - Nevada Department Of Taxation
Financial
Live Entertainment Tax Return Form - 200 To 7499 Seats - Nevada Department Of Taxation - Nevada
Financial
Related Categories
Parent category: Financial